The Bank of Thailand is to unveil a relief package today to help debtors ravaged by the coronavirus pandemic, as the three-month blanket debt holiday is expiring at the end of this month. “The regulator considers the ceiling rate reduction for credit cards as reasonable because funding costs for business operators have fallen after the […]
Read MoreThe National Rice Policy Committee approved in principle on Thursday the rice price guarantee scheme for the 2020/21 crop year, which is expected to use a budget of 85.2 billion baht. Of the 85.2 billion baht, 23.5 billion is allotted to price guarantees, with 56 billion allocated to support management and quality development costs for […]
Read MoreThe country is in no rush to open up travel bubbles as more thought is needed into putting the concept into practice, said the head of security for the Centre for Covid-19 Situation Administration (CCSA). The bubbles, where travel is permitted between any two countries where the Covid-19 pandemic has been brought under control, needs […]
Read MoreThailand is poised to soar in the global market with heightened investment attraction and a massive budget earmarked to rejuvenate the economy in the fourth quarter, as the Covid-19 pandemic eases, according to Deputy Prime Minister Somkid Jatusripitak. In an exclusive interview with the Bangkok Post, Mr Somkid said the government also plans to enhance financial […]
Read MoreThailand’s car exports fell 35% year-on-year in the first five months of 2020 to 158.7 billion baht in value, pressured by the global economic slowdown and travel restrictions caused by the coronavirus crisis. The country exported 300,501 cars in the period, according to the Federation of Thai Industries (FTI) automotive club. Thailand produced 534,428 cars […]
Read MoreThe first batch of 500 live pigs from Thailand arrived at Lao Bao border gate in Quang Tri province on June 17, after a decline in hog prices in Viet Nam. According to the Ministry of Agriculture and Rural Development (MARD), the pigs are currently carrying out quarantine procedures in Nghe An Province. Thanh Do […]
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